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hotmeat

06/03/18 10:27 AM

#521073 RE: Roach58 #521069

What part of "provably false info being claimed as fact" do you guys don't get?

Can you prove 75%/25% does not apply even though it's documented and supports my view?

Secondly, nothing posted about ESCROWS will cause anyone to go out and invest unwisely into WMIH. Escrows can't be sold or traded last i checked and has nothing to do with WMIH to date.
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BBANBOB

06/03/18 10:33 AM

#521075 RE: Roach58 #521069

ROACH58

I agree 100%
And IMHO any here that feel they KNOW for fact 100% on anything as to how this plays out are mistaken, or may end up being or may be correct as well, self included
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jerrylev

06/03/18 3:42 PM

#521116 RE: Roach58 #521069

Why do we have to wait to know that the 75/25 distribution ratio til the end is correct as it was written clearly in POR 7 6 years ago?

https://www.sec.gov/Archives/edgar/data/933136/000090951812000255/mm08-0112_8k.htm

Annex C - Item 1.01 Amendment of a Material Definitive Agreement.

Annex C to the Agreement was revised to clarify that holders of Preferred Equity Interests and Common Equity Interests will be issued Liquidating Trust Interests in Tranche 6 on account of those interests when Tranche 2 through Tranche 5 Liquidating Trust Interests have been satisfied in full, AND that the distribution to Tranche 6 will be shared 75% and 25% pro rata between claims on account of Preferred Equity Interests and Common Equity Interests, respectively.